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There are already models for this kind of financing of utility-scale turbines by individuals and coops, though they all are based on conventional, dinosaur finance prevalent in the Pre-Cook Era.  As i've posted in the past, Minnesota and Denmark have a history of allowing the development of individual and community based turbines, and though i'm not familiar with the details, here in Germany as well.  (In fact there's even an offshore project with thousands of individual investors going against the grain of major utility financing.)

Here's the Community Wind Toolbox for the USA side.

A pioneer friend in Denmark sent me this note tonight:


I know that many Danish banks and small companies help with investments (for Danes) in German and French (!!)  wind turbines....

yes.. I think you should contact Danish Wind Turbine Owners organisation   ( Try Asbjørn Bjerre, and say hello from me...)

Find contact info at    http://www.dkvind.dk/eng/index.htm


What's important to realize is that with multi-megawatt turbines, it's best to hitch a ride on a larger development...  and there are some in Germany willing to do that for a management fee.  In the right circumstances, stand-alone can work as well.  WindGuard has its own Enercon 2MW powering the new wind tunnel.

Of course that means that there is enough experienced expertise right here to get it all done right at the highest standards, from resource assessment to siting to sourcing vendors.  In addition to whatever equity i brought, i'd put in a serious amount of sweat equity to make sure the project was top of the line.

Wish i had more time to further develop the concept; ain't gonna happen tonight.

But the concept is something which we could actually make happen.

Skennah Kowa

by Crazy Horse on Tue Nov 11th, 2008 at 06:34:14 PM EST
Crazy Horse:
There are already models for this kind of financing of utility-scale turbines by individuals and coops, though they all are based on conventional, dinosaur finance prevalent in the Pre-Cook Era.

Well, if people can fund it conventionally, best of luck, I say....and the Danish model is maybe the least worst...

by ChrisCook (cojockathotmaildotcom) on Tue Nov 11th, 2008 at 07:42:44 PM EST
[ Parent ]
In Canada we have

http://www.windshare.ca/

The estimated payback period for the Lakewind Power Project is twelve years, with a projected IRR (Internal Rate of Return) of 7.23%. WindShare will obtain a Standard Offer Contract from the Ontario Power Authority to sell the renewable energy produced by the Lakewind Power Project into the Ontario grid. The contract guarantees a 20 year power purchase agreement and price, interconnection to the grid, and allow wind power projects under 10 MW to compete economically with larger power generation projects.

http://www.windshare.ca/lakewind/economic_snapshot.html

We are for Justice and Mercy, and Truth and Peace, and true Freedom. Edward Burroughs 1659

by edwin on Wed Nov 12th, 2008 at 05:19:27 PM EST
[ Parent ]

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